Small Business Loans: Microloan, More than $5 Million 

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Obama Proposes New Steps for Small Business Loans - Financing ...
Oct 22, 2009 ... Help is on the way for small business, according to President Obama. ... More than 1200 banks and credit unions that had stopped issuing ... Increasing the size of SBA's 504 loan from $2 million to $5 million for standard borrowers ... Increasing the size of SBA's Microloan from $35000 to $50000. ...
http://blogs.findlaw.com/free_enterprise/2009/10/obama-proposes-new-steps-for-small-...
News Release
Feb 18, 2009 ... recovery for the nation's small business sector. ... investment programs so that they can reach more small businesses that need help. ... The bill expands SBA's Microloan program, which provides small loans (up to $35000) paired ... surety bond from $2 million to $5 million, and, under certain ...
http://www.sba.gov/idc/groups/public/documents/sba_homepage/news_release_09-10.pdf
President Obama Announces New Efforts to Improve Access to Credit ...
business. The percentage of 7(a) loans for more than $1.5 million has grown, from 13% of all ... By increasing the maximum 504 project loan from $2 million to $5 million for ... SBA's long-standing microloan program supports small loans ...
http://www.whitehouse.gov/assets/documents/small_business_final.pdf
Are Obama's Small-Business Lending Proposals Also About Health ...
Oct 21, 2009 ... The microloan program, which pairs small loans to disadvantaged borrowers ... raise the limit on 7(a) loans and most 504 loans to $5 million (and the .... more than 100 people at his five Chicago businesses, helps small ...
http://boss.blogs.nytimes.com/2009/10/21/are-obamas-small-business-lending-proposals...
Small Business Loans | Small Business Brief
Fortunately there are alternatives that look more at the business than what a ... Read more... Missouri launches $2 million micro loan program for small businesses ... with about $5 billion in outstanding card loans compared with $176 ...
http://www.smallbusinessbrief.com/loans/index.php
Obama's New Push to Help Small Business Get Loans - BusinessWeek
Oct 21, 2009 ... "If you want to help small business lending, you have to make special efforts to ... The official said that while on average banks with more than $1 billion in ... the maximum size of its 7(a) loans to $5 million from $2 million. ... Microloans, which most typically go to startups or disadvantaged ...
http://www.businessweek.com/smallbiz/content/oct2009/sb20091021_699300.htm


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Interest-Free SBA ARC Loans for Debt Relief

Recovery Act Emergency Loans to $35,000 for Small Business.
If your small business is struggling to pay debts, you may qualify for a new type of interest-free loan in amounts up to $35,000, guaranteed by the U.S. Small Business Administration. The temporary emergency program, called America’s Recovery Capital, or ARC, was authorized under the economic stimulus law passed earlier in the year and is now being launched by the SBA. For borrowers, ARC loans will be interest-free, and ... Read more

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